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Listed by Cory Gardner • Gardner Property Group
$1,600,000
Est. payment /mo
7,341 SqFt
UPDATED:
11/11/2024 05:48 PM
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Pending
Purchase Type For Sale
Square Footage 7,341 sqft
Price per Sqft $217
MLS Listing ID 21982973
Year Built 1997
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
GPG presents Old Southside Townhomes portfolio. The portfolio is comprised of two sites of identical construction with 11 two bed units and 5 three bed units. Walking distance to Lucas Oil, Convention Center, and future Eleven Park development! The property's close proximity to Downtown Indianapolis and easy access to I-70 has helped establish and maintain a low historical vacancy. The newer vintage provides a low operating expense ratio. Few quality multifamily housing is available in this part of Indianapolis making Old Southside Townhomes a coveted living experience!
Location
State IN
County Marion
Zoning D8
Interior
Heating Forced Air
Cooling Central Electric
Fireplace N
Exterior
Exterior Feature Storage Shed
Utilities Available Electricity Connected, Sep Electric Meter, Sewer Connected, Water Connected
Waterfront false
View Y/N false
Roof Type Asphalt
Parking Type Alley Access
Building
Story Two
Foundation Poured Concrete
Architectural Style TraditonalAmerican
Structure Type Vinyl With Brick
New Construction false
Schools
School District Indianapolis Public Schools
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